CGS CIMB Account Type

CGS CIMB offers several types of trading accounts to cater to the diverse needs of its clients. The main account types include:

• Mini Account
• Minimum Deposit: SGD 100
• Spread: From 0.3 pips
• Leverage: Up to 1:20
• Minimum Trade Volume: 0.01 lots (1,000 units)
• Classic Account
• Minimum Deposit: SGD 5,000
• Spread: From 0.7 pips
• Leverage: Up to 1:20
• Minimum Trade Volume: 0.1 lots (10,000 units)
• Accredited Investor Account
• Minimum Deposit: SGD 10,000
• Spread: From 0.7 pips
• Leverage: Up to 1:20
• Minimum Trade Volume: 0.1 lots (10,000 units)

Each account type is designed to accommodate varying levels of trading experience and capital investment, ensuring that traders can select the option that best aligns with their trading strategies and financial goals.

CGS CIMB Broker Account Opening Process

Opening an account with CGS CIMB is a straightforward process that can be completed online. Here are the steps involved:

• Visit the CGS CIMB Website:
• Navigate to the official CGS CIMB website to access the account registration section.
• Choose Account Type:
• Select the account type (Mini, Classic, or Accredited Investor) that suits your trading needs.
• Fill Out Registration Form:
• Provide personal information, including your full name, address, email, and contact details. You will also need to create a password for your account.
• Submit Identification Documents:
• Upload valid identification documents, such as a passport or national ID, and provide proof of residence (e.g., utility bill or bank statement).
• Account Verification:
• Wait for your account to be verified. This process typically involves CGS CIMB confirming your identity and the authenticity of your submitted documents.
• Fund Your Account:
• After verification, deposit the minimum required amount to activate your trading account. Various funding methods are available, including bank transfers.
• Start Trading:
• Once your account is funded, you can start trading on the CGS CIMB platform, utilizing the tools and resources available to you.

By following these steps, you can efficiently set up your trading account with CGS CIMB and begin your trading journey.